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514 King Street,
Newtown 2042, New South Wales
$1,705,000
Property details
-
Agents
King Street investment with upside
- Retail and Residential Investment
- Retail Laundromat
- 2 Bed Apartment with King Street Access
Ray White Erskineville and X Commercial and are pleased to bring this fully leased mixed-use retail and residential property to market via auction.
The property sits on 125m2 of land with private lane access via the rear courtyard. The retail shop has a long-term laundromat tenant with a recently renovated 2 bedroom apartment above. Total building area is 160m2 (approx.). There's potential to value add with a second residential apartment or convert the retail and courtyard to a restaurant (STCA). 514 King Street is on the Erskineville side of the vibrant south King Street strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between Newtown Station (500m) and Sydney Park (650m).
- Retail and Residential Investment
- 2 Bed Apartment with King Street Access
- Zoned Local Centre B2
- Value-add Potential to Renew or Refresh
- Gross Floor Space 160sqm (approx.)
For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agents.
Timothy Gorring - Ray White Erskineville
0438 822 281
Tony Crane - XCommercial
0416 479 189
- Retail Laundromat
- 2 Bed Apartment with King Street Access
Ray White Erskineville and X Commercial and are pleased to bring this fully leased mixed-use retail and residential property to market via auction.
The property sits on 125m2 of land with private lane access via the rear courtyard. The retail shop has a long-term laundromat tenant with a recently renovated 2 bedroom apartment above. Total building area is 160m2 (approx.). There's potential to value add with a second residential apartment or convert the retail and courtyard to a restaurant (STCA). 514 King Street is on the Erskineville side of the vibrant south King Street strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between Newtown Station (500m) and Sydney Park (650m).
- Retail and Residential Investment
- 2 Bed Apartment with King Street Access
- Zoned Local Centre B2
- Value-add Potential to Renew or Refresh
- Gross Floor Space 160sqm (approx.)
For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agents.
Timothy Gorring - Ray White Erskineville
0438 822 281
Tony Crane - XCommercial
0416 479 189
Explore the area
School catchments
- Newtown Public School Primary K-6 Government 0.25km
- Newtown High School of Performing Arts Secondary 7-12 Government 0.31km
- Camdenville Public School Primary P-6 Government 0.55km
- Erskineville Public School Primary K-6 Government 0.64km
- Australia Street Infants School Primary P-2 Government 0.73km
- St Pius' Catholic Primary School Primary K-6 Catholic 0.74km
- St Mary's Catholic Primary School Primary K-6 Catholic 0.80km
- The Athena School Combined K-10 Independent 0.84km
- St Peters Public School Primary K-6 Government 1.2km
- Newtown North Public School Primary K-6 Government 1.3km
- Central Sydney Intensive English High School Secondary 7-11 Government 1.4km
- Newington College - Wyvern House Preparatory School Primary Independent 1.4km
- Darlington Public School Primary P-6 Government 1.4km
- Stanmore Public School Primary K-6 Government 1.5km
- Alexandria Park Community School Combined K-12 Government 1.5km
- Newington College Secondary K-12 Independent 1.6km
- Marrickville Public School Primary K-6 Government 1.6km
- St Michael's Catholic Primary School Primary K-6 Catholic 1.7km
- Marrickville High School Secondary 7-12 Government 2.2km
- Australian Performing Arts Grammar School Secondary 7-12 Independent 2.4km
- Tempe High School Secondary 7-12 Government 2.6km
- International Grammar School Combined K-12 Independent 2.7km
- NSW School of Languages Secondary Government 2.7km
- Casimir Catholic College Secondary 7-12 Catholic 2.8km
- Fort Street High School Secondary 7-12 Government 2.8km
- Inner Sydney High School Secondary 7-12 Government 2.8km
- St Scholastica's College Glebe Point Secondary 7-12 Independent 2.9km
- Sydney Secondary College Blackwattle Bay Campus Secondary 11-12 Government 3.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Floorplan
Contact Timothy Gorring
Contact Timothy Gorring
Timothy Gorring
514 King Street, Newtown NSW 2042
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Timothy Gorring
514 King Street, Newtown NSW 2042